US stocks drift higher ahead of Trump's deadline to bomb Iranian power plants
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US stocks rose on Monday ahead of a deadline set by President Donald Trump to bomb Iranian power plants, with the S&P 500 increasing 0.4% and the Dow Jones Industrial Average adding 165 points. The rise in stock prices came despite uncertainty about the ongoing war with Iran and its impact on the global oil market.
US stocks increased on Monday. The S&P 500 rose 0.4% and the Dow Jones Industrial Average added 165 points. Oil prices also rose amid uncertainty about the war with Iran. The conflict has slowed the global flow of oil and natural gas. A deadline set by President Trump to bomb Iranian power plants is looming. The US economy has shown signs of resilience, with employers hiring more workers than expected last month.
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